Rackspace Beats Q2 Earnings Forecast but Faces Losses and Legal Scrutiny Amid AI Pivot
Rackspace Technology Inc. reported second‑quarter results that beat Wall Street expectations on earnings and revenue, ...
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IBMs Q2 Earnings Reflect Rapid Shift in Enterprise IT Spending and AI-Driven Market Dynamics
When IBM’s quarterly report hit the market on July 19, the stock slid 25 %, the steepest one‑day decline the company...
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Oracle Reports Strong Q4 Cloud Revenue Growth, Faces Investor Concerns Over AI Financing
Oracle Corporation (NYSE: ORCL) announced its fiscal fourth‑quarter 2026 results on June 10, revealing a pronounced su...
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Cerebras Shares Drop 20% After First Post-IPO Earnings, Margin Concerns
On Wednesday, Cerebras Systems Inc. (NASDAQ: CBRS) saw its shares fall 19.6% after the silicon‑based AI chipmaker rele...
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Jabil Raises 2026 Outlook After Q3 Earnings Beat Estimates, Driven by AI Infrastructure Demand
Jabil Inc. (NYSE: JBL) reported fiscal third‑quarter 2026 results on Wednesday that surpassed analyst expectations and...
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Palantir Reports 85% Revenue Surge in Q1 2026, Raises Full-Year Guidance
Palantir Technologies Inc. (NASDAQ: PLTR) announced first‑quarter 2026 results on May 4, sending a clear signal that t...
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Adobe Beats Q2 Earnings, Raises Full-Year Targets but Slows Subscription Growth Forecast
Adobe Inc. (NASDAQ: ADBE) reported record revenue for its second quarter of fiscal 2026, surpassing Wall Street expectat...
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Oracle Shares Drop Over 12% After Record Earnings and Margin Deterioration Warning
Oracle Corporation’s stock fell more than 12% on June 13, 2026, following the release of its fourth‑quarter and full...
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